Monday, September 20, 2010
U.S. Census Bureau Reports Increase in Poverty Rate
Link to September 16 U. S. Census Bureau news release, "Income, Poverty and Health Insurance Coverage in the United States: 2009".
Excerpt: The U.S. Census Bureau announced today that real median household income in the United States in 2009 was $49,777, not statistically different from the 2008 median.
The nation's official poverty rate in 2009 was 14.3 percent, up from 13.2 percent in 2008 — the second statistically significant annual increase in the poverty rate since 2004. There were 43.6 million people in poverty in 2009, up from 39.8 million in 2008 — the third consecutive annual increase.
Meanwhile, the number of people without health insurance coverage rose from 46.3 million in 2008 to 50.7 million in 2009, while the percentage increased from 15.4 percent to 16.7 percent over the same period.
These findings are contained in the report Income, Poverty, and Health Insurance Coverage in the United States: 2009.